Earnings ·
Reports Q3 net income of $22.8M, raises quarterly dividend to $0.31 per share
CPFCentral Pacific Financial Corp
Central Pacific Financial Corp reported third-quarter 2026 net income of $22.8 million, or $0.88 diluted earnings per share, compared to $20.8 million in the prior quarter and $18.6 million a year ago. Net interest margin expanded by 5 basis points to 3.62%, while the efficiency ratio improved to 58.27%. The company repurchased 294,110 shares for $11.2 million during the quarter. Additionally, the Board of Directors declared a fourth-quarter cash dividend of $0.31 per share, representing a 3.3% increase from the prior quarter's payout. Central Pacific Financial Corp is a Hawaii-based bank holding company that operates Central Pacific Bank.